Economists had been tipping CPI would come in at 6.4% after dropping to 6.3% in March
Follow our Australia news live blog for the latest updatesGet our morning and afternoon news emails, free app or daily news podcast
Inflation jumped to 6.8% in April, driven higher by automotive fuel costs, stoking concerns of another RBA rate rise.
The increase was higher than the 6.3% annual rise reported by the Australian Bureau of Statistics for March. Economists had predicted the April increase in consumer prices would be 6.4%.
Sign up for Guardian Australia’s free morning and afternoon email newsletters for your daily news roundup
About Author
More Stories
Australia news live: Marles says Israel has right to self-defence against Iran but is ‘deeply concerned’ over potential escalation
Trump vetoed Israeli plan to kill Iran’s supreme leader – report
UK ‘woefully’ unprepared for Chinese and Russian undersea cable sabotage, says report